Taking a leaf out of Telecom success story, Indian retailers are moving on similar lines as they shift their focus on retailing in 2009 from Metros and Cosmopolitan cities to Tier-II and Tier-III cities. However, when it comes to Luxury Brands, retailers will stick to Metro cities only. Even the upper end lifestyle retailers have no plans to go beyond Metros currently.
We have already covered in the past on how unrealistic realty prices led to stagnation of Retailers plans. Re-negotiated (more…)


